'Caspian Equipment' prepares for capital growth
'Caspian Equipment' company (sells engines and lubricants, batteries, tires, filters and other spare parts) announced the issue of shares worth AZN 0.1 million.
The company placed the prospectus of its shares in the electronic disclosure system of the Central Bank of Azerbaijan.
According to the document, it is planned to place 100 ordinary, registered, undocumented shares with a par value of AZN 1,000 or more. Underwriter for the offering is 'CPM-Invest', an investment company. If all shares are sold, the authorized capital of 'Caspian Equipment' company will rise from AZN 0.1 to 0.2 million.
Finance
-
The Central Bank of Azerbaijan (CBA) has approved the ‘Concept of Policy on Risk-Based Control’. This is reported on the website of the structure.
-
If 2 years ago a share of local revenues in the budget of the Nakhchivan Autonomous Republic was 20-25%, by this year's end a share of local revenues will exceed 50%.
-
The Central Bank of Azerbaijan (CBA) has given binding instructions to 'Azsığorta', 'Atəşgah Insurance', 'İpək Yolu Insurance', 'Xalq Həyat Insurance', 'Aqrar Insurance' and 'AzRe Təkrarsığorta'. This is reported on the CBA website.
-
The NBCO 'Para will hold a regular general meeting of shareholders on 4 February at 11:00.
Leave a review